In the national renewal process, Nam Sach district has obtained important achievements, contributing to local socio-economic development and the growth rate of Hai Duong province and the entire country. The district’s annual GDP growth rate has increased, reaching 10.2 percent, in which agriculture increased by 5.3 percent; industry and construction, 14.2 percent; and services, 12.3 percent. In 2006, its economic growth rate reached 10.44 percent.
In agriculture: in 2005, the rates between cultivation, livestock breeding and services were 60.5 percent, 37.2 percent and 2.3 percent respectively. In 2006, they were 59 percent; 38.5 percent; and 2.5 percent. In cultivation, the production value on one hectare of cultivable land has increased from VND 40 million in 2005 to VND 42 million in 2006.
There have been 89 industrial, handicraft and servicing businesses operating in the district, including 21 wholly foreign invested businesses, 32 liability limited companies, 18 joint stock companies, and 18 private businesses, generating nearly 8,000 jobs. Servicing activities focus on trade, transportation, storing, information, communication, finance, credit, culture, sports, giving services to individuals and the community. In 2006, the servicing sector recorded a value of VND 302 billion, 15.9 percent more than 2005. Annual income per capita increased from VND 3.5 million in 2001 to 5.7 million in 2005 and 6.3 million in 2006.
In realising social policies and job provision: the entire district completed building solid houses for poor households. There are no poor households that who are policy beneficiaries. The district has provided health insurance cards for more than 10,000 policy beneficiaries and poor people. Every year 2,500 new jobs are created.
These successes can be attributed to the following reasons: first, Nam Sach lies in the T-junction of the Hanoi, Hai Phong and Quang Ninh economic triangle, very favourable to trade and servicing development. Second, the district boasts an abundant labour force. In 2005, the people of working age made up 54.7 percent of the population, and people involved in economic activities, 95 percent, and 33.3 percent of them were trained. Third, the district issued correct policies and mechanisms as well as appropriate measures for economic restructuring as well as encouraging household and farm economies. The district has decided to build an economy with three layers including agriculture, small industries and handicrafts and industrial clusters. Building a clean and strong Party organisation is very important to motivate socio-economic development.